SSE (OTCMKTS:SSEZY) Hits New 1-Year High – Here’s Why

Sse Plc (OTCMKTS:SSEZY) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $32.00 and last traded at $31.91, with a volume of 91289 shares trading hands. The stock had previously closed at $31.49.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of SSE in a research note on Wednesday, January 7th. UBS Group cut shares of SSE from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 27th. Royal Bank Of Canada reissued an “outperform” rating on shares of SSE in a report on Friday, November 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of SSE in a report on Friday, November 14th. Finally, Zacks Research upgraded SSE from a “strong sell” rating to a “hold” rating in a report on Friday, December 19th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

SSE Trading Up 1.3%

The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average price of $29.82 and a two-hundred day moving average price of $26.31.

SSE Company Profile

SSE plc (OTCMKTS:SSEZY) is a United Kingdom–based energy company engaged across the electricity value chain. Its principal activities include power generation, energy supply to residential and commercial customers, and ownership/operation of electricity networks. The company has a significant presence in renewable energy development alongside conventional generation, and it provides a range of energy-related services and infrastructure solutions.

On the generation side, SSE’s portfolio spans both low-carbon technologies—such as onshore and offshore wind and hydroelectric assets—and thermal generation that supports system reliability.